Coming to the Oil Patch: Bad Loans to Outnumber the GoodWall Street Journal (subscription)Bad loans are likely to outnumber good ones soon in the U.S. oil patch, an indication of the pressure on energy companies and their lenders from the crash in prices. The number of energy loans labeled as “classified,” or in danger of default, is on …and more »

Revenue warns firms over sale of loans to vulture fundsIrish TimesThe onus falls on the borrower to withhold the interest. This means that those SMEs whose loans were sold on by banks are potentially at risk for additional interest to cover the new tax liability, along with penalties if the tax is not paid on time …